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MENA Digest: Agritech startups iyris, YoLa Fresh bag big cheques

TMT

31 May, 2024

MENA Digest: Agritech startups iyris, YoLa Fresh bag big cheques

The Middle East and North Africa (MENA) region saw a slew of growth-stage startup funding deals this week, led by ......

Saudi government files papers to sell fresh stake in Aramco for potential $13 bn

Economy

31 May, 2024

Saudi government files papers to sell fresh stake in Aramco for potential $13 bn

Saudi Arabia's government on Thursday filed papers to sell a new stake in state oil giant Aramco that could raise ......

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Saudi PIF-backed Jada commits capital to healthcare-focused PE fund

Finance

28 May, 2024

Saudi PIF-backed Jada commits capital to healthcare-focused PE fund

Saudi Arabia’s Public Investment Fund (PIF)-backed Jada Fund-of-Funds has struck its third limited partner style bet this year, backing a ......

Saudi Arabia plans $10-bn Aramco share sale

Manufacturing

27 May, 2024

Saudi Arabia plans $10-bn Aramco share sale

Saudi Arabia is planning a multi-billion-dollar share sale in energy giant Aramco as soon as June in what would be ......

MENA Digest: Egyptian startup OneOrder, Saudi SaaS firm Merit lead funding

TMT

24 May, 2024

MENA Digest: Egyptian startup OneOrder, Saudi SaaS firm Merit lead funding

Dealmaking in the Middle East and North Africa region during the week was propelled by high-value, growth-stage fundraises by tech-led ......

IBM inks deal with Saudi to train AI system in Arabic, to unveil new models

TMT

21 May, 2024

IBM inks deal with Saudi to train AI system in Arabic, to unveil new models

International Business Machines on Tuesday said that it will release a family of artificial intelligence models as open-source software, and ......

Saudi's SMASCO sets issue price for $240 mn IPO

Finance

20 May, 2024

Saudi's SMASCO sets issue price for $240 mn IPO

Saudi Arabian staffing company SMASCO announced its final IPO price at 7.50 riyals per share via the Saudi Exchange on ......

Desert Venture acquires Saudi-based entertainment firm

TMT

14 May, 2024

Desert Venture acquires Saudi-based entertainment firm

The company behind Saudi Arabia's vast Qiddiya sports and entertainment complex near Riyadh will take over entertainment business SEVEN, in ......

China-Gulf free trade talks stall on Saudi industrial agenda

Economy

14 May, 2024

China-Gulf free trade talks stall on Saudi industrial agenda

Negotiations between China and an Arab bloc for a free trade agreement have stalled over concerns by Saudi Arabia that ......

Saudi Arabia's SMASCO aims to raise $240 mn via IPO

Finance

08 May, 2024

Saudi Arabia's SMASCO aims to raise $240 mn via IPO

Saudi Arabian staffing company SMASCO aims to raise as much as 900 million riyals ($239.99 million) in its initial public ......